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FFLC | Fidelity Covington Trust | Fidelity Fundamental Large Cap Core ETF Overview

(Stock Exchange: BATS)
Day's Range 44.42 - 44.71
52 Week Range 31.14 - 44.86
Beta N/A
Implied Volatility N/A
IV Rank N/A
Day's Volume 57,397
Average Volume 91,838
Shares Outstanding 10,404,308
Inception Date 2020-06-05
Assets 454,164,255
Asset Class Equity
Expense Ratio N/A
P/E Ratio N/A
EPS N/A
Dividend Yield 0.97%
Dividend Per Share 0.43
Dividend ExDate N/A
Dividend PayDate N/A
FFLC seeks to achieve long-term capital growth by investing in a global core equity portfolio of large-cap stocks. The adviser generally defines large caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Stocks are selected using fundamental analysis of factors such as financial condition and industry position of each issuer, as well as market and economic conditions. The adviser then incorporates a quantitative portfolio construction process to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The portfolio includes stocks with growth and/or value characteristics. Despite its large-cap focus, the fund's strategy can lead to investments in small- and mid-cap companies. Before February 26, 2024, the fund traded as Fidelity New Millennium ETF under the ticker FMIL. The fund previously used a semitransparent ETF structure.
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Watching at FFLC technicals we can see that long-term trend is bullish, the same as bullish middle-term trend, as well as bullish short-term trend. More technicals details can be found on FFLC Technicals page.
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